We Buy Houses Lawton, OK: Top 4 Companies
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- 15 min read
- Joseph Gordon EditorCloseJoseph Gordon Editor
Joseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
We Buy Houses” Lawton, OK companies make all-cash offers for homes that often need extensive repairs, enabling sellers who lack the time, expertise, and money to fix these properties to move quickly when selling their home.
Perhaps you need a fast home sale to start a new job. Or maybe you’re facing a possible foreclosure, or need to cash out of an inherited property in Lawton to settle an estate.
If you need to sell your Lawton home quickly, a We Buy Houses for Cash company could be the best solution. However, before you request a cash offer, it’s important to understand how much a Lawton house-buying company might offer for your home and weigh your options. Once you’re familiar with the process, you can select a company on our list of some of the top contenders and get moving.
Working with house-buying companies in Lawton
Selling to a house-buying company in Lawton can be a good solution if you need a fast, straightforward transaction. Here’s an overview of what to expect in the process of selling your home for cash:
- Submit your property information: Share your property’s details with the company to initiate the process. They’ll typically request basic info about your home’s size, condition, and location.
- Receive a preliminary offer: Based on your property details, the company will assess the potential offer amount. This initial offer is usually a ballpark figure pending further inspection.
- Schedule a home assessment: A representative will visit your home to confirm its condition. This step helps the company finalize its offer by inspecting for necessary repairs.
- Review the final offer: After the assessment, the company will present a firm offer. This is generally a take-it-or-leave-it offer with limited room for negotiation.
- Sign the agreement: If you accept the offer, you’ll sign a sale agreement. Be sure to read it carefully to understand all terms and conditions.
- Close and get paid: Once the paperwork is complete, you’ll close the sale. The company handles most of the closing details, allowing you to receive the cash proceeds promptly.
Popular We Buy Houses for Cash companies in Lawton
If the process of selling to a house-buying company in Lawton sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some of the top companies that will pay cash for your or your parents’ property, whether that’s a Classical Revival or Tudor. By working with one of these companies, you should be able to sell your Lawton home in as little as a week or two.
OKC Property Buyers, Lawton
OKC Property Buyers is a trusted real estate solutions and investment firm dedicated to helping homeowners sell burdensome houses quickly. Sellers don’t need to worry about repairs or cleaning, as the company purchases properties in any condition. The team provides fair, all-cash offers and typically extends them within 24 hours. Closings can be completed in as little as seven days, giving sellers speed and certainty.
Locations: Oklahoma City and surrounding areas, including Lawton
Closing costs: Sellers pay no closing costs; OKC Property Buyers covers them.
Known for its commitment to ethical standards, OKC Property Buyers has been accredited by the Better Business Bureau (BBB) since 2020 and holds an A+ rating. It earned 4.8 stars on Google, as clients describe the team as genuine and personable, noting they treat sellers with respect rather than just as another transaction. Reviews mention the company’s ability to provide fair cash offers while keeping the process quick and painless.
Website: okcpropertybuyers.com
Phone number: 405-252-9880
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Lawton (and across the country) can request a cash offer for their home. It features one of the largest networks of cash buyers in the U.S. Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. This enables Simple Sale to provide cash offers for a wide array of properties, even those that need some or a lot of work, in different locations throughout Lawton.
With the platform, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 7 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Lawton
Closing costs: No prep costs, agent commissions, or fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a platform by HomeLight, a real estate solutions company founded in 2012. Given its strong focus on excellent customer service, it has been BBB-accredited since 2019 and now holds an impressive A+ rating. The company has 4.5 stars on Google based on hundreds of user reviews.
Below, you can hear about how Baohan Wu, a seller who used Simple Sale to sell his high-rise apartment, closed within three and a half weeks, and what he thought of the process overall.
Website: homelight.com/simple
Phone: 844-488-8455
We Buy Houses, Lawton
Established in 1997, WeBuyHouses.com is a well-established real estate investment firm active in more than 200 markets throughout 30 states, focusing on purchasing homes regardless of their condition. Known for their dependable service, they have assisted over one million property owners.
The company offers strong cash offers, even in difficult situations like missed mortgage payments or the threat of foreclosure. It can close transactions in as little as 7 days.
Locations: Nationwide, including Lawton
Closing costs: Sellers pay no closing costs; WeBuyHouses.com covers them.
Accredited by the BBB since 2020, WeBuyHouses.com earned an A+ rating from the bureau. Its Google Business Profile features 3.7 stars, showing a mixed bag of reviews from past clients. While many sellers praise the company for smooth transactions and top-rated service, others have raised issues with its outreach approach, especially unsolicited, unidentified calls.
Website: webuyhouses.com
Phone number: 877-932-8946
Revive Real Estate, LLC
Revive Real Estate, LLC is a locally owned investment company serving homeowners throughout Oklahoma City. With a team of skilled professionals, they provide practical solutions for those facing foreclosure, inherited properties, costly repairs, or the need for a fast sale. Homeowners receive cash offers within 24 hours and can expect closings in as little as 7 to 14 days.
Locations: Oklahoma City and surrounding areas, including Lawton
Closing costs: Sellers pay no closing costs; Revive Real Estate, LLC covers them.
Revive Real Estate, LLC has been BBB accredited since 2023 with an A+ rating. On Google, it holds a 5-star rating, as clients note the smooth and hassle-free selling process with the company. Some share how responsive the team is to requests and how quickly transactions are completed. Others praise the team for making home sales simple and stress-free.
Website: webuyhousesokcmetro.com
Phone number: 405-497-8624
Why sell your Lawton house for cash?
If you’ve ever sold your home through the traditional real estate market, you know the process can drag on for months, and there’s no guarantee of a sale. But when you sell to a We Buy Houses company, you’re looking at a guaranteed sale in just a matter of days. Speed, convenience, and certainty are the top reasons many homeowners choose to work with a cash-for-homes firm.
In Lawton, selling a home on the open market using an agent takes around 91 days. That includes an average of 50 days on the market, from listing to signed contract, plus the typical 41 days a buyer needs to close on a purchase loan.
Compare that to the usual seven to 10 days promised by many house-buying companies in Lawton, and it’s clear why these Cash-For-Homes groups are an attractive option, even though they don’t always offer top dollar for the homes they purchase.
Selling your home for cash can be an ideal solution for Lawton homeowners facing unique situations. Here are some scenarios where choosing a house-buying company might be a fitting option:
- Job relocation: If you need to move quickly for a new job, a cash sale can help you transition smoothly without delay.
- Divorce settlement: Selling for cash allows you to divide property swiftly, easing the process during a challenging time.
- Unwanted inheritance: If you’ve inherited a home you don’t want to keep, a cash sale offers an easy way to avoid maintenance costs and upkeep.
- Downsizing transition: Securing an instant offer from a house-buying company can fund your transition to a smaller home and make the transition faster since you won’t need to prepare your home for sale.
- Extensive repairs: If your home needs major repairs, a cash sale lets you avoid costly upgrades since the buyer takes it “as-is.”
- Open house stress: With an instant offer from a cash-for-homes firm, you can avoid open houses and showings.
- Structural damage: Foundation problems can deter traditional buyers, but cash buyers are often more willing to take on homes with these issues.
- Foreclosure fix: A cash sale can help you avoid foreclosure by offering a quick way to settle financial obligations.
- Problematic tenants: If you’re a landlord looking to sell with tenants in place, cash buyers are often open to purchasing rental properties as-is.
- Remote home sale: With a cash sale, you can avoid the logistics of selling from out of state, allowing for a hassle-free transaction.
Pros and cons of house-buying companies in Lawton
When selling a home, speed and convenience are often top priorities, which is where “We Buy Houses” companies come in. These companies offer quick cash offers and a simplified selling process, appealing to many homeowners.
However, like any option, they come with trade-offs that may not suit everyone. Understanding both the advantages and potential drawbacks can help you decide if this route is right for your situation.
Pros of selling to a house-buying company
- Quick closing: Cash buyers often close within days, ideal for homeowners needing immediate proceeds.
- No repairs needed: Sell your home “as-is” and save on repairs or upgrades.
- Minimal paperwork: Most companies handle all paperwork, simplifying the transaction.
- No contingencies: Cash sales avoid typical contingencies, so there’s less risk of delays.
Cons of selling to a house-buying company
- Below market value: Offers may be lower than what you’d get on the open market, as cash-for-homes firms take repair costs and profit margins into account.
- Limited negotiation: Offers are often non-negotiable, leaving little flexibility.
- Risk of scams: Some entities pose as cash buyers, but actually operate house-buying scams, so it’s important to vet companies thoroughly.
- Limited transparency: Offers may lack a breakdown of costs, leaving you uncertain of the offer’s basis.
Vet cash buyers and know your home’s worth
Before committing to a cash offer, it’s crucial to vet the company thoroughly. The level of service and integrity you experience from a house-buying company can vary, so make sure to:
- Research market presence: Investigate how long the company has been buying homes in your area and how they’ve performed in the market.
- Check reviews: Look for online reviews and ratings to see what other sellers have said about their experience with the company.
- Ask for referrals: Go beyond reviews and ask actual clients to get a better sense of the company’s reputation and trustworthiness.
- Examine the agreement: Before signing anything, read the buying agreement carefully to ensure you fully understand the terms and conditions of the sale.
HomeLight suggests you consult with an experienced local agent to get a better idea of what your home might be worth if sold on the open market. Then, compare your cash offer.
HomeLight can connect you with a top-performing agent in Lawton. You can also use our free Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Lawton home quickly
Exploring different sale options can help you make the best choice for your Lawton property:
- Working with iBuyers: Instant buyers or iBuyers use automated valuation models to make quick offers, often providing prices closer to market value. iBuyer companies like Opendoor and Offerpad offer a mostly online experience but may charge service fees of 5% to 6% of the home’s sale price.
- Listing with an agent: A comparative market analysis (CMA) from an agent can guide your pricing, helping your home sell fast on the market. Many agents provide a CMA for free. Listing with an agent can attract traditional buyers willing to pay closer to market value.
FAQs on Lawton house-buying companies
By and large, most We Buy Houses for Cash companies in Lawton are legitimate businesses. Their services and transaction fees may differ, but the business model has been around for decades. If you use an established group with a track record, you can be fairly confident that it’s legit.
That said, as with any financial transaction, it’s a good idea to be on the alert for scams. Always research companies before you sign a contract. Check customer reviews, look at their online presence, verify professional licenses, get a referral if possible, and vet the company on the BBB website. Watch for anything that just doesn’t seem right.
Most Lawton We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value (ARV), then deduct their estimated repair costs.
Here’s an example of what a simplified formula might look like:
(Your home’s ARV x .70) – repair costs
To see how this might work in a real-world scenario, let’s take a look at an example offer equation. Let’s say your Lawton Tudor could sell for $165,000 after repairs, but it will need $25,000 of work to get there.
($165,000 x .70) – $25,000 = $90,500
In this example, a Lawton We Buy Houses company might offer you around $90,500 for your home. However, different types of house-buying companies will offer varying amounts for homes.
As mentioned previously, iBuyers tend to pay more than We Buy Houses companies because iBuyers look for homes in better condition. An iBuyer might pay you 90% or more of the market value while charging a fee for their services.
When you accept an offer from a Lawton We Buy Houses for Cash company, you will likely be coming to grips with a double-edged sword. On the one hand, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once it is accepted. On the other hand, you’ll likely get less money overall for your home.
Because We Buy Houses for Cash companies tend to focus on distressed homes, they typically have zero fees. Many will even cover your closing costs. In most cases, this means that the cash offer you receive will be the price you walk away with at the end of the deal. Of course, asking the company if any hidden program fees might impact your bottom line is always a good idea.
- Research and vet the house-buying companies that serve your Lawton area. Our list above is a good place to start.
- Submit offer requests to a few companies you like best.
- Schedule any required on-site property visits.
- Compare offers. Weigh the pros and cons and choose the best option for you.
- Close the sale in a week to 30 days and get paid. (Some companies will let you choose a closing date up to 90 days after accepting the offer, which can be helpful when planning a move.)
We Buy Houses for Cash in Lawton vs. top Lawton agent
Another helpful exercise is to compare how a We Buy Houses for Cash company might stack up against working with a real estate agent. Let’s take a glance at how different aspects of the sale might look and compare possible proceeds.
Aspect of the sale | Sell to a We Buy Houses for Cash company in Lawton | Sell with a top Realtor in Lawton |
Selling timeline | 7 to 30 days | 91 days average; 50 to attract an offer, 41 to close the loan |
Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, and stage the home |
Showings | None | 10 to 25 showings on average |
Inspections and repairs | None | May need to make additional repairs for the buyer or renegotiate the price |
Appraisal | None | May need to lower your asking price if the appraisal comes in low |
Title search | Cash-For-Homes companies often handle title issues | Must clear the title before you can sell the home |
Financing contingency | None | Mortgaged buyers use a financing contingency that could hold up the deal if the buyer’s loan doesn’t clear |
Agent commission | None | 3% to 6% of the home’s sale price |
Closing costs | None | 1% to 3% of the home’s sale price on top of the agent’s commission |
Example net proceeds
Below, we’ve compiled one example of how net proceeds may differ between selling a home to a We Buy Houses for Cash company and an agent-assisted sale.
Let’s say your home in Lawton is worth about $140,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $165,000.
Sell to a We Buy Houses for Cash company in Lawton | Sell with a top Realtor in Lawton | |
Estimated sale price | ($165,000 x .70) – $25,000 = $90,500 | $140,000 |
Market preparations | 0 | $1,400 (1% of the sale price) |
Agent commissions | 0 | $4,200 (3% of the sale price) |
Closing costs | 0 | $2,100 (1.5% of the sale price) |
Estimated take-home for seller | $90,500 | $132,300 |
As this example illustrates, it’s usually in your best financial interest to partner with an experienced real estate agent. However, net proceeds are not the only consideration when selling a home.
What’s best for your situation will depend on the condition of your property, the level of repairs needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent’s timeline might not fit your immediate needs.
Key takeaways
- Experience a quick and simple sale: House-buying companies offer a fast, hassle-free cash transaction.
- Request multiple offers: Getting quotes from various buyers helps you find the best option.
- Weigh the pros and cons: A cash sale may mean a lower price, but it offers speed and convenience.
- Consult an agent: Speaking with a Lawton real estate agent can provide insights into your home’s market potential.
- Know your home’s worth: Always be aware of your property’s estimated market value before you proceed with a cash-offer company to avoid extremely low offers.
At HomeLight, we’re happy to lend a guiding hand in navigating your real estate journey. Let us help you make an informed and confident decision, whether you’re looking for a no-obligation cash offer through a trusted platform like Simple Sale or seeking to consult with a top Lawton agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Lawton area “We Buy Houses” companies are not endorsements. Moreover, the program details mentioned above may change. Visit the home-buying company’s website for the most up-to-date information.
Header Image Source: (Gus Raballo/Unsplash)